Affirm is seriously misspriced right now. Upstart has made a crazy run from the $12 bottom to $65 bucks now, while Affirm is barely $17. This pair used to be trading at almost the same price half a year ago and now the difference is crazy. Affirm will follow eventually Upstart to close the gap.
Affirm's partnership with Amazon can give us a nice...
Block got left behind in the recent Fintec bull-run. In my opinion, it is hugely misspriced as it is not yet in the eyes of wallstreet, but given that it is sitting on the support levels, the company is expecting profitability by the end of the year and over-all the great health of the company, this really gives us a nice set-up.
The letter from the Kerrisdale Capital made C3.AI plummet by 40% on possible allegations that C3.AI used agressive accounting tactics to boost it's quarterly results and improve margins on paper.
Even if that is true, revenue is still revenue and each and every company uses all the possible legal ways to improve it's finances. Still, this does...
AMC has seen quite the beating over the last few weeks.
With GME's great earnings, this could quite easily pump AMC back higher to the resistance of the triangle.
Good luck to everyone!
A huge oversold situation could be in the making.
FRC is Extremely oversold on fears of bancruptcy or being bought out by JPM soon.
While such case is highly likely, the bank can still rise on any good news as all the bad ones are already baked in the current price.
JPM's CEO is already in the talk with other banks on possible solution for FRC...
As you may know, the NASDAQ has been hit hard for the past year due to interest rate hikes, supply chain disruptions and constant pressures from the FED to crush demand.
Despite these challenges, I believe that the NASDAQ has reached a temporary bottom. This is not to say that this is the true bottom of the crash, but the NASDAQ has broken...
China said Wednesday that it would keep its stock markets stable and take measures to boost economic growth in the first quarter, according to the state-run Xinhua News Agency.
The government should roll out policies favorable to capital markets while being cautious in introducing contractionary measures, according to the Financial Stability and...
We have formed a nice channel that we bounced from with a nice doubble bottom, that has the same pattern as Bitcoin.
If the move holds, we are heading up for the first resistance and possible breaking new highs.
With the Russia - Ukraine conflict, things got really heated with the economy.
The whole economy should see a big downward move heading into the war and here are the main support points.
How long this will last is not something that can be predicted, however, the economy has been trough so many wars and in the long-term, it will recover.
Now would be the time...
Simple idea- we broke the channel, the market is about to go through correction which will end aproximetly the end of February.
The tapering, inflation and higher interest rates on loans will also assist the fall of the stock.
It may as well fall even more, however, this would be great time to invest into fallen stocks and load for the long-run.
Good luck to everyone!
I hope you are all doing amazing!
We are currently sitting at the resistance of the channel we have formed on the Daily.
There are 2 support levels to look for on the chart, where if Short position is taken, may be used for TP.
Wish you all good luck!
I hope you are doing fantastic!
$BNGO has presented us with an amazing set-up inside a channel.
We are currently sitting at the bottom of it and we have 2 TP ($8 and $10)
An amazing Risk-Reward with SL just above the channel.
I wish you all happy trading!
It looks like the Triangle pattern for SOFI has been confirmed by the bounce from the support.
We have 2 gaps at around the same levels that we are going to fill next, as the TP is going to be set at around $23.
I wish you all good luck!